Bastei Lübbe AG - Felix Rudloff leaves Management Board and assists company in new role as of next year

Bastei Lübbe AG - Felix Rudloff leaves Management Board and assists company in new role as of next year

Cologne, 07 December 2015. At the turn of the year, Felix Rudloff (44) will resign from his position as Member of the Management Board at Bastei Lübbe AG. Rudloff, who is in charge of the Programme and Press departments as Member of the Management Board at Bastei Lübbe AG, will step down from his position for personal reasons. At the same time, he will continue to assist the company in the long term and support the Programme division as an agent and consultant with his expertise and network. A service agreement to this effect has already been signed between Felix Rudloff and Bastei Lübbe AG.

In January 2012, Rudloff joined the Cologne-based publishing house to work as a publisher for Eichborn Verlag. In the same year, he was appointed to the management team. When the company went public in October 2013, he became a member of the Management Board. At the turn of the year, Felix Rudloff will vacate his position on the Management Board for personal reasons and work as an agent and consultant on a freelance basis. He will continue to assist Bastei Lübbe AG in his new role, for which a service agreement has been concluded for the years to come.

Bastei Lübbe CEO Thomas Schierack made the following comment: "I completely understand Felix Rudloff's wish to have a new position. At the same time, I am pleased that he will continue to assist us with his excellent expertise and that we have also found a common working basis for the future. Felix Rudloff knows the company and its domestic and international ambitions in every detail. He has also helped us develop and bring forward our pioneering concepts. Therefore, he is capable of giving extremely competent advice from a business perspective. We also believe that this continued collaboration is important and desirable from an interpersonal perspective."
As of now, the Programme and Press departments will report to Klaus Kluge, Member of the Management Board already in charge of these areas from 2009 to 2012.

About Bastei Lübbe AG:
Bastei Lübbe AG is an international media group based in Cologne. The business operations focus on the development and licensing of content distributed worldwide physically and digitally. The company's core business includes the traditional publishing business and the periodical puzzle magazines and novel booklets in the "Book" segment. With its twelve publishers and imprints, the group of companies currently offers approximately 3,600 titles in fiction, non-fiction and books for children and young adults. In the growing segment of hardcover fiction, the company has been the market leader in Germany for many years. At the same time, Bastei Lübbe is driving innovation in the field of digital media. As well as the production of thousands of audio and e-books, the "Digital" segment also includes holdings in the self-publishing platform "BookRix" and the renowned games publisher "Daedalic Entertainment". Bastei Lübbe AG's value chain is completed by the investment in the online shop "beam-ebooks.de" and the new and internationally unique streaming platform "oolipo".
With currently 334 employees and an annual turnover of roughly EUR 110.2 million (financial year 2014/2015), Bastei Lübbe AG is the largest medium-sized family company in the German publishing industry. Since 2013, the company's shares have been listed in the Prime Standard of the Frankfurt Stock Exchange (WKN A1X3YY, ISIN DE000A1X3YY0). Further information is available at www.luebbe.de.

Contact Bastei Lübbe AG:

Barbara Fischer
Head of Press and
Event Marketing
Tel.: +49 (0) 221 / 82 00 28 50
E-mail: barbara.fischer@luebbe.de